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Cryptocurrencies in the modern world perform functions not only of full-fledged payment instruments, advancing world economy. Cryptocurrencies can also change economic relations between partners, having made revolutionary changes to transactions. For this purpose are used the "smart contracts" which are electronic algorithms which describe a set of conditions the performing of which are involves some events in the real world or in the digital systems. A specialty and a benefit of such smart contracts is use for the transactions conclusion of the decentralized systems excluding the human intervention in an final outcome of transactions. And as cryptocurrencies are based on the decentralized systems, using of these means of payment are an ideal method of the smart contracts conclusion. World leader in the smart contracts conclusion is the Ethereum cryptocurrency. It is enough to tell that capitalization of transactions for the last year by the Ethereum reached one billion US dollars. Ethereum is an open platform and therefore attracts particular interest both of commercial world structures, and of developers of various software.
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Thread: Ethereum Lab - Ethereumlab.net
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25-10-2016, 08:18 PM #1
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